The UK unveiled an ambitious new roadmap to increase the use of timber in the construction of homes and buildings to reduce emissions and reach net zero carbon emissions goals.
Wood Markets News
Oregon State University Forest Modeling Helps Identify Best Harvesting Rotations for Maximum Carbon Sequestration
Forest modeling by Oregon State University scientists shows that a site’s productivity is the main factor that determines which time period between timber harvests allows for maximum above-ground carbon sequestration.
Fannie Mae Expert Panel Sees Home Prices Continuing to Rise but at a Slower Pace in 2024 and 2025
Fannie Mae released its Q4 Home Price Expectations Survey (HPES), produced in partnership with Pulsenomics, LLC.
Trinity University Completes San Antonio’s First Mass Timber Higher Education Building
ENRTexas&Louisiana has featured a new, 40,000-square-foot mass timber facility at San Antonio’s Trinity University.
Tolko’s Lavington, BC, Sawmill Curtailed Due to Energy Transformer Issue
On December 4th, Tolko’s Lavington, BC, sawmill lost power due to an upset condition with an energy transformer, Penticton Western News reported.
Burton Mill Solutions Acquires Carolina Cutting Tools
Burton Mill Solutions has completed its acquisition of Carolina Cutting Tools located in Newberry, South Carolina.
BC Forestry Sector Embarks on Mission to Japan to Showcase BC’s Innovation in Wood Products
The delegation will include the Ministry of Forests, as well as First Nations delegates and forestry-sector representatives from companies of all sizes.
US Wood Pellet Exports Increase Month-Over-Month and Year-Over-Year in October
The US exported 835,552 metric tons of wood pellets in October, according to the US Department of Agriculture’s Foreign Agriculture Service and Biomass Magazine.
Prolam Breathes New Life Into 80-Year-Old Motueka, New Zealand, Sawmill
Prolam has purchased an 80-year-old sawmill in Motueka, New Zealand, which had been closed since 2017 by its original owner.
Construction Sector Employment Slows in November
Employment in the construction sector increased by 2,000 jobs in November, down from 25,000 new jobs in October, according to the NAHB and BLS.